The ____ in International Contracts Selects the Court or Place

question 65

Multiple Choice

The ____ in international contracts selects the court or place of arbitration in which disputes must be resolved.

• A) payment clause
• B) communication clause
• C) choice of language clause
• D) force majeure clause
• E) none of the other choices of correct

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Definitions:

Trade Secrets Act

Legislation that protects confidential business information from being disclosed or used without permission.

Federal Statute

A law enacted by the federal government that applies across the entire country.

Consumer Protection

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices in the marketplace.

Holder in Due Course

A term in commercial law referring to a party who has received a negotiable instrument in a legitimate manner for value, without notice of any defects in the instrument or claims against it.